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China led the world out of 2009’s global recession with an economy that’s more than 90-times bigger than when its former leader Deng Xiao Ping decided to allow free-market reforms in 1978.
Three decades later, China is a emerging as a leading force in the world economy. The financial crisis and the recession have no doubt accelerated this process. China launched its Economic Stimulus Plan to specifically deal with the Global financial crisis of 2008–2009.
The second quarter of 2010, China became the world’s second-largest economy. China’s economy was valued at $1.33 trillion, thereby surpassing Japan’s $1.28 trillion. The question now is when China’s economy will surpass the United States and become the largest economy in the world?
It is now clear that China is moving from export dependency to development of an internal market. Wages are rapidly rising in all areas of the country and Chinese leaders are calling for an increased standard of living.
As the largest country in the world, China has managed to maintain rapid economic development, averaging an annual GDP growth rate of 10 percent over the past two decades. It seems as the western world lacks any realistic strategy to compete with China's unprecedented growth. This century belongs to Asia, where China is emerging as the unchallenged economic superpower. With close to 1.5 billion emerging consumers and a focused and dedicated government continuously improving infrastructure and the quality of life, it is no miracle that China is raising.
Viking Investments’ strategy is to specialize in cross-continental transactions involving Chinese and other Asian companies, and international investors, and to participate in one of the greatest transformations and paradigm shifts in modern economic history. To the benefit of our clients and investors, Viking has built an extensive infrastructure in Asia, the United States, and the rest of the world through strategic partnerships and alliances. This infrastructure provides us with a consistent level of high quality deals from Asia and a great network of brokers, analysts, fund managers and independent investors in the United States and other parts of the world.
It is our fundamental approach to combine the best businesses with intelligent long-term investments in publicly listed companies with the ultimate listing venues in the United States that will benefit our client companies and create enduring wealth for investors.
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